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INDIAN STOCK MARKET VIEW 18 NOVEMBER



Stock Market View 18th Nov :-Now for the time being everything seems to be negative for the time being. no postive factor exists now to boost the Stock Market up rather. possible raise of rate hike fear by China can pull the Market down upto 5800-5750 levels. Normally month of Nov (end) December is the time when FII's are investing less and use to book profits. so in view of above remember few things: first of all book your profit soonest and wait for the rally. secondly, don't buy any Stocks (in the opening bell) when it will open above the resistance one (profit booking can bring the Stocks down). finally, whatever you buy u should buy in small quantity preferably on delivery basis and keep some money left to buy same Stocks in dips for averaging. now 5950 is the most crucial and sentimental support of Nifty and it should sustain atleast for couple of days. 6020-6040 is the hurdle crossover and sustaing same it is possible for nifty to reach upto 6120-6200, before this month expiry.

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Intraday Tips Updated at: 6:30 PM
 
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